How worldwide economic collapse was averted

Listen guys, a "Conspiracy" is nothing magical, it is merely a question that certain people cannot find an answer to. There are no conspiracies. There are questions, and then there are answers. There are actions, and there are results of those actions. We know and see the result, which is the credit freeze and bailout. What was the action that led to his result???? The TRUE action. There was a quick action, which resulted in a quick result i.e. the credit freeze and bailout.

Banks did not up and decide within a week or two that the S had hit the fan regarding mortgages and bad assets, and then decided that they would not lend any more money. THAT IS INSANITY, and a lame excuse for an action that resulted in the credit freeze.

The banks realized that all of their assests were vulnerable, and that they had an internal breach. They had to freeze everything before they were robbed clean and caught with their pants around their ankles.

BUT

What could be worse than being robbed???? Losing the respect and confidence of those whose money you were holding......your customers. You must maintain their confidence. Give them a lie. Blame it on something, anything else, other than the fact that your security systems are able to be hacked.

Back in the day, when you wanted to steal money, you had to go to the bank, and steal actual paper cash. Now, all of the worlds money is just numbers on computer screen, and data on harddrives. All of that money, is just a click away. Think about it.

[edit on 10-2-2009 by dimensionaljumper]

[edit on 10-2-2009 by dimensionaljumper]

reply to post by dimensionaljumper


I suppose it's possible but destroying all of that capitol in housing let alone the familys? cold hearted pricks...need lynched...

I wonder if all those undersea fiber-optic cable cuts that were happening a year or so ago have a role in this. I'm too "at work" to see where those fit into the rest of the timeline being discussed.

Originally posted by David9176

It's starting to sound like it. Something happened and we aren't being told what the real facts are. Bah, i wish i could find more info on this.

Or, this new story about the 550bn being withdrawn in a matter of hours is misinformation.

I have been googling too, and I cant find anything about any draw down of 550bn that does not trace back to this same guy from the video.

Not saying that it is for certain misinfo, but it is kind of convenient that after a few months of seeing how unpopular the original plan as scripted was to the American people, (and others around the world) a whole new line of reasoning is being presented.

It does make you wonder which story was the lie. Or if they both are. At a minimum, one of them HAS to be a lie, at worst, they are both lies. While it is entirely possible that they did conceal the "run on money markets" to prevent panic in the streets, until we find evidence of this draw down we have to consider that this is just a new and improved line of propaganda to make us swallow the bitter bailout pill.

His whole line of reasoning that "Sure Americans are angry, we need to inform them of the REAL reason we did what we did" just didnt sit right with me. It set off my BS detector. I was in contact with an investment specialist throughout that period of time, (a personal friend) and he never once mentioned any huge collapses of money market funds. Surely SOMEONE would have noticed.

The only thing we learn from history is that we don't learn anything from History. I bet that this was done by the Feds themselves or by their network of people. Who else except those with Financial might that are already in the banking circles have enough money to total the sum of $550,000,000.00 ( BILION) dollar. This was the same thing the Illuminati did the last Great Depression with a slight twist. Does anyone else recognize this ?

Money market funds insurance and short sales prohibitions

On September 16, the Reserve Primary Fund, a large money market mutual fund, lowered its share price below $1 because of exposure to Lehman debt securities. This resulted in demands from investors to return their funds as the financial crisis mounted.[27] By the morning of September 18, money market sell orders from institutional investors totalled $0.5 trillion, out of a total market capitalization of $4 trillion, but a $105 billion liquidity injection from the Federal Reserve averted an immediate collapse.[28] On September 19 the U.S. Treasury offered temporary insurance (akin to FDIC insurance of bank accounts) to money market funds.[29] Toward the end of the week, short selling of financial stocks was suspended by the Financial Services Authority in the United Kingdom and by the Securities and Exchange Commission in the United States.[30] Similar measures were taken by authorities in other countries.[31] Some restoration of market confidence occurred with the publicity surrounding efforts of the Treasury and the Securities Exchange Commission[32][33]

That was in Wikipedia Fellas.

The question is who was the "institutional investors". Was it one entity or basically Wall Street.

Originally posted by Hx3_1963
reply to post by David9176

 

Really makes me wonder: Who's holding What over Who's Head???

[edit on 2/9/2009 by Hx3_1963]

Apparently it was the "Sword of Damocles". Good Question posed.

reply to post by AllexxisF1


Great find on that. Thank you.

Doesnt look much like a conspiracy from that angle. Just a bunch of investors trying to get off a sinking Lehman brothers ship.

Edit to add, phrased that way, I remember that aspect of the meltdown quite well.

[edit on 10-2-2009 by Illusionsaregrander]

I have read with interest everything written on this post and consider all opinions something definitely worth investigation. However, there is another way of looking at this. Maybe it’s not as important of “who” was responsible for the run on the banks by “why” was the money taken? For what reason? What would be so costly that it would create an economic downfall of epic proportions not just to the US, but to the world? If you remember, CERN went “on line” around that time, and on September 10, 2008 it “broke down.” Could this perhaps be a reason that the world’s wealth to the tune of $550 bn “vanished?” Are there any other “projects” out there that might take a hit and suddenly cost us more than just money? Was $550 bn needed to immediately finance or repair something that shouldn’t have been built in the first place? Did CERN go “too far” and create a problem for the world?
www.google.com...

reply to post by wutone


What if the whole thing was an attempt to tilt the election towards BHObama. George sorros and many others could have simply decided the McCain was too close. If I remember they were about even at that point. McCain looks like a deer in the headlights and Obama gets good play that he's got a plan and Bush was out of touch and created this. Even though another thread plainly shows he was sounding alarms years before that Franks and company ignored and made worse

Originally posted by MoonMine
Good find, but I already posted this yesterday:

www.abovetopsecret.com...

Sorry.

So you're actually the OOP. He is just the OOPS

What was that movie about a Firesale? I think it was Die a DieHard Movie. Anybody a Bruce Willis Fan?

If I remember correctly, were't all the Virus's made in 2006 done by one 17 years old kid in Germany?

Now, all of the worlds money except 666 Billion in cold hard cash in circulation the rest is just on harddrives. If you really think about it a hack of the the world's banks is possible, but at the same time Since we are all ATSers here. They (those in power) have superior alien technology AI ( Artificial Intelligence) and Computers way to far advanced to not pick up on some breach in the banking systems. That 550 Billion dollars taken was done by those at the top trying to bring about a world one currency. In order to do that they have to level out the Values of currency. Have you seen how much the British pound has dropped since 2004? It was worth twice as much as our US dollar is now.

reply to post by David9176


Maybe the same people who bought half of England's gold supply..

There is enough evidence this is all planned, the former president who spends trillions on a war about oil, combined with people like Madoff, a failing SEC, and the central banks selling their gold.

banking, stocks, and money should become the dirty words they are.

[edit on 10-2-2009 by Grey Magic]

I heard Rush Limbaugh bring this up today, but I didn't hear anything he said on it as I was working at the time.

I don't usually listen to him, but I was hoping I'd hear something on this as no one else on the radio had brought it up.

Anyone have any other information?

I just saw this tech.yahoo.com...

In my opinion this confirms that the run on the banks was indeed a hack job.

[edit on 10-2-2009 by antayat]

I found this link and was wondering if it pertinent.

Star and flag for a good find.



Bloomberg

Originally posted by Grey Magic
reply to post by David9176

 

Maybe the same people who bought half of England's gold supply..

There is enough evidence this is all planned, the former president who spends trillions on a war about oil, combined with people like Madoff, a failing SEC, and the central banks selling their gold.

banking, stocks, and money should become the dirty words they are. [edit on 10-2-2009 by Grey Magic]

I think that you are right.

Now that we all know that we have been bamboozled what do we do about it?

See what gets my ire raging more than being hung out to dry is that they want me to supply the rope.

reply to post by antayat


the big bad "elite" aren't as powerful as you all think, and the world isnt as mysterious as some want to believe. there are actions, and there are results. i am not saying that there wasn't a credit bubble, but it wasn't what caused this mess. what caused this mess was an internal breach. the biggest hack in history. 0's and 1's are what control the now, and the future. and those who know how to manipulate those 0's and 1's will move the pieces.....

the machines will be the end of us......

OK, I'm not exactly the most clued up when it comes to the financial sector so please correct me if I'm miles off target but could it be feasible that another bank orchestrated the draw-down? I'm currently looking at UBS - the world's biggest manager of private wealth assets - you know you always hear about Swiss banking? This is them...

Anyway, I just recalled reading an article somewhere that linked $550bn and UBS but I can't remember where or when. Perhaps someone with better research skills than me can come up with something? All I'm getting is the breaking news when I google it.

Does anyone know if the same thing happened to banks in other countries?